331 PINEWOOD PARK Drive, Unit LOT 1, North Bay, ON

$2,990,000
MLS#:X13569290
4 beds
1 baths
Commercial
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Added:Jul 15, 2026(50 days ago)
Updated:Jul 20, 2026(45 days ago)
Last Checked:21 minutes ago

Property Highlights

Welcome to this remarkable land located in the coveted neighborhood of Ferris. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $2,990,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 4 Bedrooms and 1 Bathroom
  • Spacious lot size measured in Feet
  • Efficient forced air heating via propane

Description

Sale of "Prime Arterial Commercial C6 corner lot - 4.9 acres with dual road access on Pinewood Park Drive (Highway 11) and Decaire Road. Severance approved by the City of North Bay Committee of Adjustment. Urban Service Boundary extended and rezoned C6 by City of North Bay - permitted uses: hotel, restaurant, gas bar, financial institution, retail, automotive, recreational facility, day nursery, transit terminal and more. Located directly opposite Cascades Casino North Bay ($41M, Gateway Casinos & OLG) on North Bay's highest-growth commercial corridor - backed by over $500M in confirmed area investment including a $63M Recreation & Community Centre, $5.9M FIFA-sized soccer fields, $100M+ Ontario Northland rail investment. Pinewood Park Drive is undergoing a 5-lane urbanisation - Environmental Assessment complete, funding underway. 15 new industrial and tourism-commercial lots have been approved at 351 Birchs Road, further anchoring West Ferris as North Bay's primary growth and development zone.Surrounded by established national and regional operators including Cascades Casino, Ramada Hotel & Conference Centre, Tim Hortons, Burger King, Petro-Canada, Pinewood Park Golf Course, and Callander's Osprey Golf Course - confirming this corridor as a proven, high-traffic commercial destination with existing consumer demand and year-round activity across gaming, dining, hospitality and recreation."400mm water main and 675mm sanitary sewer confirmed in the Pinewood Park Drive right-of-way by City Engineering - full urban servicing capacity available for connection.

Work with the SOUSA TEAM to unlock your . If we are unable to negotiate your purchase price below asking, we'll rebate you up to $10,000!*

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Property Summary

This land located at 331 PINEWOOD PARK Drive, North Bay is currently for sale and has been available on zoozaa for 50 days. This property is listed at $2,990,000 with an estimated mortgage of $9,953* per month. It has 4 beds, 1 bathroom, and is unknown square feet. 331 PINEWOOD PARK Drive, North Bay is in the Ferris neighborhood.

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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Yes! Featuring 4 bedrooms and 1 bathroom, this home offers ample space and comfort for growing families in Ferris, North Bay.

Highly Recommended for Families
What We Love About This Home
  • •4 spacious bedroom layout offering versatile living space
  • •1 well-appointed bathroom
  • •Desirable Land architecture in Ferris, North Bay
Standout Features & Layout
Who Should Buy This Home?

Growing families needing multi-bedroom flexibility and space in Ferris, North Bay.

Target Buyer Match

Key Features

Bedrooms
4
Bathrooms
1
Kitchens
1
Property Type
Commercial

Additional Details

StatusActive
AddedJul 15, 2026 (50 days ago)
UpdatedJul 20, 2026 (45 days ago)
Last Checked21 minutes ago
Transaction TypeFor Sale

Property Details

Property Sub-TypeLand
CountyNipissing
Annual Tax$3,910.38
Legal DescriptionPCL 7097 SEC WF; PT LT 32 CON 12 WEST FERRIS AS IN LT84384 EXCEPT LT176746, LT207805, LT210537 & PT 2, 3, 4, 5 & 6, 36R5568; S/T LT72445 AMENDED BY LT274364, LT300425, LT376199; NORTH BAY ; DISTRICT OF NIPISSING

Parking & Garage

Heating & Cooling

Heat SourcePropane
Heat TypeForced Air

Features

Property Features

None listed

Interior Features

None listed

Security Features

  • No

Community Features

None listed

Frequently Asked Questions about 331 PINEWOOD PARK Drive, Unit LOT 1, North Bay, ON

Q.What is the asking price for 331 PINEWOOD PARK Drive, Unit LOT 1, North Bay, ON ?

The current listing price for 331 PINEWOOD PARK Drive, Unit LOT 1, North Bay, ON in Ferris, North Bay is $2,990,000.

Q.How many bedrooms and bathrooms does this property have?

This property features 4 bedrooms and 1 bathroom.

Q.What property type and architectural style is 331 PINEWOOD PARK Drive, Unit LOT 1, North Bay, ON ?

331 PINEWOOD PARK Drive, Unit LOT 1, North Bay, ON is a Land () featuring a basement.

Q.What security features are installed at 331 PINEWOOD PARK Drive, Unit LOT 1, North Bay, ON ?

Security features include: No.

Q.What heating and cooling systems are installed?

Heating is provided via Propane and cooling via .

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Location

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331 PINEWOOD PARK Drive, Unit LOT 1, North Bay, ON

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Neighborhood Safety Index

Neighborhood Safety & Crime Analytics

Ferris, North Bay

SAFETY RATING9.4 / 10
Low Incident Area
Total Annual Incidents35 incidents / yr
Average Per Month2.9 incidents / mo
Population BenchmarkArea Average residents
Personal Safety
Very Low

8 assaults (30.0/100k)

Property Security
Very Low

8 B&E (30.0/100k)

Auto Theft Risk
Low Risk

10 thefts (35.0/100k)

1-Year Trend
▼ 6%

Improving vs previous year

How Per-Capita Rate (Per 100,000 Residents) Is Calculated:

Formula: (Annual Occurrences / Population) × 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.

Source: Official Police Services ArcGIS Open Data
Halton & GTHA Police Network

Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 331 PINEWOOD PARK Drive LOT 1, North Bay, ON P1B 8Z4

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in North Bay.

Configure Loan Settings

Interest Rate4.00%
Down Payment$897,000 (30.0%)
* Minimum Canadian down payment required for this price is $598,000.
Amortization Period30 Years
Estimated Monthly Payment$9,953Based on a loan of $2,093,000 over 30 years.
Purchase Price$2,990,000
Loan Amount$2,093,000
Provincial Land Transfer Tax:$61,225
Total Estimated Closing Taxes:$61,225

About Purchasing a Home in North Bay, ON

For a property listed at $2,990,000 in North Bay, the legal minimum down payment is $598,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $61,225 for this transaction. As this listing is in North Bay (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $61,225.

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Ferris, North Bay Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Ferris, North Bay.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$666,347

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Best Schools in Ferris, North Bay

Elementary Schools

Sunset Park
Public1191 Lakeshore Drive, North Bay, Ontario, P1B 8Z4
3.2
Silver Birches
Public65 Marshall Avenue East, North Bay, Ontario, P1B 3L4
3.4
Our Lady of Fatima
Public60 Marshall Avenue East, North Bay, Ontario, P1A 1R1
4.5
École Saint-Raymond
Public22 Borge Avenue, North Bay, Ontario, P1A 2S7
2.1

Secondary Schools

West Ferris
Public60 Marshall Park Drive, North Bay, Ontario, P1A 2P2
5.5

Ferris, North Bay Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

Need more details or a custom CMA?

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.

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